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Analyst Predicts Lower Low for Notcoin Amid Bearish Market

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2024-08-05 21:29:25300browse

In the middle of declining market valuations, a well-known crypto analyst has identified potential levels where the Notcoin (NOT) token could find a new foothold.

Analyst Predicts Lower Low for Notcoin Amid Bearish Market

A crypto analyst has predicted lower lows for the Notcoin (NOT) token amid the bearish market conditions.

According to the analysis, NOT could continue to slide, potentially creating a lower low before rebounding around the crucial support level of $0.007812.

The market downturn is largely attributed to Bitcoin’s bearish price action, which heavily impacts smaller cryptocurrencies like Notcoin.

NOT was trading at around $0.009258 at the last check, showcasing a 17.61% decrease over the past 24 hours, while daily trading volume surged to $430.42 million, indicating strong bearish sentiment.

On a separate note, CNF previously reported Notcoin’s launch of Not Games, aiming to bolster community engagement through high-quality, fun Telegram games.

The initiative introduces regulations for the games and promises an enjoyable gaming experience.

Additionally, Trust Wallet now supports Notcoin and other TON jettons, enhancing user accessibility.

This integration allows Trust Wallet users to directly store, send, buy, and sell Notcoin from the app.

The notcoin is now available to be purchased, sold, sent, and stored by Trust Wallet users. Notcoin’s user experience and reach are both anticipated to expand significantly as a result of this integration.

Such developments are considered crucial for maintaining user interest and fostering a dedicated community, especially during market downturns.

As Notcoin navigates this challenging phase, its recent endeavors and community support will be vital for its potential recovery and future growth.

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